TPV to invest EUR 40 million in Kostrzyn-Slubice SEZ

"This will take place this week," said Jacek Salski, TPV's investment coordinator. The company will receive state subsidies for the project, which will create up to 1,200 permanent jobs and ca. 2,300 seasonal ones. "The value of the investment amounts to EUR 40 million," said Krzysztof Dolganow, president of the Kostrzyn-Slubice SEZ (KSSEZ). The factory should become operational at the end of May 2008, while the total value of expenditures might be supplemented by an additional EUR 60 million. "The Taiwanese company realizes that problems related to recruitment of skilled labor are most of all due to low proposed wages.  As a result the company has offered EUR 500 to production line workers and EUR 1,200 for managerial staff," said Marcin Kaszuba of Ernst&Young. (Puls Biznesu, pp. 1, 6)